Report

A comparison of the macroeconomic consequences of basic income and job guarantee schemes

5 Aug 2004
Description

In this paper Bill Mitchell and Martin Watts compare and contrast two policy responses to rising income insecurity in the form of proposals to introduce a universal Basic Income and proposals to introduce a Job Guarantee.

The paper demonstrates that income insecurity should be solved at its root by focussing on the causes of unemployment and that the only constraints on achieving full employment are ideological and political.

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Published year only: 
2004
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